insurance and banking function on two completely different levels. Put simply, banking is a dependable and constant institution where, for the most part, consumers know what they're getting. Insurance, on the other hand, is based on a number of subjective variables that makes it a different experience for each separate individual.
Banking is different in the fundamental sense that they serve all their customers the same based on their finances and not their lifestyle or any other factors that go into applying for insurance.
A Bank is an organization that provides banking services like bank accounts, credit cards, loans etc. to the customers. Whereas, an Insurance Company provides Insurance. The main difference between a bank and an insurance company is the fact that it is not a bank. It provides insurance services to the citizens of India and it does not provide services like bank accounts, credit cards etc. to customers
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There is no didderence as such! Corporate Banking fall under wholesale banking.
Wholesale banking is the business transactions that go on between banks. Retail banking has to do with direct customers of the bank.
Bank = nounBanking = Verb
Difference between chain banking group banking?
The difference between asset management and private banking is the source of the money. In asset management, the money comes from financial and insurance companies as well as certain funds. In private banking, the money is from individuals.
difference between modern and traditional banking is
A Bank is an organization that provides banking services like bank accounts, credit cards, loans etc. to the customers. Whereas, an Insurance Company provides Insurance. The main difference between a bank and an insurance company is the fact that it is not a bank. It provides insurance services to the citizens of India and it does not provide services like bank accounts, credit cards etc. to customers
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awe
There is no didderence as such! Corporate Banking fall under wholesale banking.
The difference between corporate banking and ordinary civilian banking is that corporate banking helps businesses with their international transactions, by receiving and sending money as well as manage foreign currency.
tero bau
Wholesale banking is the business transactions that go on between banks. Retail banking has to do with direct customers of the bank.
NO
difference of motor and marine insurance